Sea Level Rise Could Cost EU and UK $950 Billion by 2100, Study Warns

Coastal regions face devastating economic losses, while some inland areas may see slight GDP growth due to industry relocation.

Sea level rise could cost the European Union and the United Kingdom up to 872 billion Euros (about $950 billion) by 2100, according to a new study.
Regions most at risk include coastal areas such as Veneto and Emilia-Romagna in Italy, Zachodniopomorskie in Poland, and Lincolnshire in the UK, with potential GDP losses ranging from 10% to 21%.
Inland regions like Germany, Austria, and Hungary could see slight GDP growth due to industry and services relocating from coastal flooding regions.
The study does not account for potential impact of Earth's tipping points, which could lead to irreversible consequences.
The researchers stress the need for region-specific economic policies to address the uneven impacts of sea levels on different regions and their economies.